Unlock a Steady Income Stream with IBM Stock
International Business Machines Corporation (NYSE:IBM) is set to report its Q4 2024 earnings on January 22, 2025. Wall Street analysts expect the company to post an EPS of $3.78, down from $3.87 in the year-ago period. Quarterly revenue is expected to reach $17.90 billion, up from $17.38 billion in the same period last year.
A Dividend Powerhouse
IBM’s stock dividend yield stands at 3.03%, with the company paying $6.68 per share in dividends over the last 12 months. The 52-week range of IBM stock price was $157.89 to $239.35. With a history of consistent dividend hikes, IBM has raised its dividend consecutively for the last 29 years.
Generating Passive Income
Warren Buffett’s wise words, “If you don’t find a way to make money while you sleep, you will work until you die,” resonate with income-focused investors. IBM stock offers an attractive option for making a steady income of $100 per month by owning 180 shares of stock.
Understanding Dividend Yield Calculations
To estimate the required investment value, you need two key variables: the desired annual income ($1,200) and the dividend yield (3.03% in this case). By dividing the annual dividend payments by the stock’s current price, you can calculate the dividend yield. For instance, if a stock pays $2 as an annual dividend and is priced at $50, its dividend yield would be 4%.
High-Yield Real Estate Investments
In addition to dividend stocks, certain private market real estate investments offer high-yield opportunities. The Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors.
Take Advantage of High-Yield Investments
The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields. Don’t miss out on this chance to capitalize on high-yield investments while rates are high. Explore Benzinga’s favorite high-yield offerings and start building a steady income stream today.
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